News

(seafood.vasep.com.vn) In Jan 2016, Vietnam pangasius exports to China continued the positive growth. In 2015, Vietnam’s pangasius exports to the market reported the continuous increase though pangasius production, consumption and exports by Vietnam in the year faced many challenges.

(seafood.vasep.com.vn) After receiving her MBA from the Maastricht School of Management in the Netherlands, Ms. Ngo Vi Tam Nguyen, sales & marketing director of Vinh Hoan Corp, dived straight into the seafood industry, dedicated to work on her way to develop the chain in Vietnam’s second largest pangasius producer Vinh Hoan.

(seafood.vasep.com.vn) On Mar 15th 2016, in the Mekong Delta, pangasius at export size were priced at VND21,500/kg; higher than that of a week ago (VND20,500/kg). While pangasius seed price also rose owing to high demand. Pangasius seed price increased from VND20,000/kg to VND34,000.

(seafood.vasep.com.vn) In 2015, the revenue of CL-FISH CORP (ACL) reached VND1,100 billion, up 19% compared to 2014, while its profit rose 45%.

Sources in the US report seeing increases in asking price for pangasius out of Vietnam, though the forecast at the moment remains hazy, consisting mainly of “expect price rises this year”.

(seafood. vasep.com.vn) In 2015, the Vietnam pangasius exports to Russia totaled US$16.8 million, accounting for only 1.08% of the total export value of the fish. With value plummeting 49% compared to the previous year, Vietnam pangasius exports to the Russian market in the past year was not positive.

(seafood.vasep.com.vn) The National Fisheries Institute (NFI) is not letting up on its efforts to repeal the recently-passed catfish regulation program which it views as a non-tariff barrier in violation of international trade law.

(seafood.vasep.com.vn) Pangasius exports to the UK hit US$46.6 million in 2015, an increase of 13.9 percent against 2014. The market accounted for 3 percent of total pangasius export turnover.

(seafood.vasep.com. vn) In the framework of the special summit of ASEAN -United States, participated by Prime Minister Nguyen Tan Dung in the United States, the Bank for Investment and Development of Vietnam (BIDV) and Vietnam enterprises signed a cooperation and investment agreements with partners in the United States.

(seafood.vasep.com.vn) Since September, pangasius exports to Spain increased with rates ranging from 13.8% to 34% over the same period.

U.S. Senators John McCain (R-AZ) and Kelly Ayotte (R-NH) introduced a Resolution of Disapproval under the Congressional Review Act that would nullify the U.S. Department of Agriculture’s (USDA) final rules establishing the catfish inspection program.

(vasep.com.vn) Vietnam is currently the third largest frozen seafood supplier to Mexico , just behind after China and Chile. In Q2/2015, pangasius exports to this market suddenly dropped. June imports halved from May. This also happened in frozen tilapia fillets imports from China.

(vasep.com.vn) By the end of August 2015, the proportion for pangasius live/fresh/dried/frozen (coded HS 03) has been 98.89% of pangasius exports. Meanwhile, processed fish products (coded HS16) has taken up only 1.11%. The government aimed at raising proportion of added value seafood product to 50% by 2020, and by 2030, the percentage can surpass 60%.

(vasep.com.vn) Netherlands is a major pangasius importing market in the EU. It is also listed in Vietnam's top pangasius importers in the first 8 months of 2015.

(vasep.com.vn) Currently, Saudi Arabia is Vietnam's biggest pangasius importing market in the Middle East. Through August, pangasius exports to Saudi Arabia valued US$ 42.46 million, up 11% year on year. This market accounted for 4.2% of pangasius exported from Vietnam.


SPECIALIST ON
PANGASIUS MARKET

Ms Thu Hang

Email: thuhang@vasep.com.vn

Tel: +84.24.3771.5055 (ext. 214)

  • Detail-Right-Top